Thea Dudley Joins Levelset S Credit Management Advisory Board Take the full credit manager fundamentals course for free at levelset cma #jointchecks #constructioncredit #creditmanagement. learn about joint checks from construction credit. What is a joint check agreement? simply put, a joint check is a check made payable to two or more parties, such that both parties must endorse the check prior to deposit. a joint check agreement, therefore, is a contract through which one party agrees to (or gives permission to) make payment in the form of joint checks.
Credit Management Unplugged Live Q A With Thea Dudley Levelset In this construction credit foundations course, thea dudley will walk you step by step through the process to manage credit in the construction industry. whether you are an office manager at a small distributor in ohio, or you just joined the credit team at a national general contractor, thea will give you the knowledge, tools, and skills that. Learn how contracts and credit applications work together from construction credit management coach, thea dudley. thea brings 30 years of experience in building strong credit teams. Joint check agreements primarily benefit the lowest tiered party (like a building material supplier). the party making the initial payment – usually the general contractor or property owner – do receive a slight benefit from these agreements, but the benefit pales in comparison to the benefit afforded the party getting the payment. The primary benefit of a joint check agreement is the additional security it can provide. general contractors like joint check agreements because they help to ensure the subcontractor will pay its suppliers with the appropriate funds (i.e. circumvent robbing peter to pay paul).
Thea Dudley Jlc Online Thea Dudley Joint check agreements primarily benefit the lowest tiered party (like a building material supplier). the party making the initial payment – usually the general contractor or property owner – do receive a slight benefit from these agreements, but the benefit pales in comparison to the benefit afforded the party getting the payment. The primary benefit of a joint check agreement is the additional security it can provide. general contractors like joint check agreements because they help to ensure the subcontractor will pay its suppliers with the appropriate funds (i.e. circumvent robbing peter to pay paul). A joint check agreement is only good if the check actually gets cut. your job is to make sure your agreement addresses the key issues: payment terms, when the payment is made, that other people’s problems are not yours, and issue payment direct to us and on time in case of squabbles. Columnist thea dudley advises best practices for a joint check route with a customer and the general contractor. columnist thea dudley answers the question, "how do you respond to a past due customer who gets upset with you for contacting their customer?". Thea dudley recently spoke with nacm managing editor michael miller on all things credit, including process improvement and changing the face of credit. thea, with her more than 30 years of experience in the credit industry, shares her insights on the credit profession. part i of this interview was published in the january 2019 issue of. Leveraging technology is another. push the transactional work into automation, and maximize your team to build and grow relationships and truly know the customer to effectively watch your cash flow. credit management isn’t just granting credit lines, putting customers on hold, or dialing for dollars.
Thea Dudley Speaker Author Credit Overlord Pocket Protectors Llc A joint check agreement is only good if the check actually gets cut. your job is to make sure your agreement addresses the key issues: payment terms, when the payment is made, that other people’s problems are not yours, and issue payment direct to us and on time in case of squabbles. Columnist thea dudley advises best practices for a joint check route with a customer and the general contractor. columnist thea dudley answers the question, "how do you respond to a past due customer who gets upset with you for contacting their customer?". Thea dudley recently spoke with nacm managing editor michael miller on all things credit, including process improvement and changing the face of credit. thea, with her more than 30 years of experience in the credit industry, shares her insights on the credit profession. part i of this interview was published in the january 2019 issue of. Leveraging technology is another. push the transactional work into automation, and maximize your team to build and grow relationships and truly know the customer to effectively watch your cash flow. credit management isn’t just granting credit lines, putting customers on hold, or dialing for dollars.